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Selling a domain name - where/how/what to look out for?

Jaxer
Jaxer Posts: 204 Forumite
Part of the Furniture 100 Posts Combo Breaker
I have a .co domain name that I've never used and I'm unlikely to use now that I've managed to get the .com version of the same name.

The domain name is one of the xyz4u variety and may be of some interest/value to the profession it relates to.

It's coming up for renewal in a few months and I'm not going to renew it but I thought it might be worth putting it up for sale to see if there's any interest.

What would be the best way to go about this. It's registered with GoDaddy as registrar and they seem to have an auction facility with a listing cost and 10% of the proceeds if sold.

Completely new to this so would appreciate any pointers.

Comments

  • gb12345
    gb12345 Posts: 3,055 Forumite
    Jaxer wrote: »
    The domain name is one of the xyz4u variety and may be of some interest/value to the profession it relates to.

    Firstly, is it a .co or a .co.uk?

    Assuming it is a .co.uk then:

    If it is of possible value to others in the profession and you own the .com, why is it not of value to you?

    Assuming you are in the profession, then how would you feel if a competitor bought the domain and set up their website and started taking business/clients away from you?

    For a tenner every 2 years why not stick it on redirect to your .com site.

    I doubt it would be worth much more than the registration fee as 4u addresses are really a bit tacky.

    If it is a .co address then it is really worth nothing as no legitimate business would be interested in using a Columbian domain that is being flogged of the back of its suffix.
  • WLM21
    WLM21 Posts: 1,615 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    gb12345 wrote: »

    If it is a .co address then it is really worth nothing as no legitimate business would be interested in using a Columbian domain that is being flogged of the back of its suffix.

    Do you really think so ?

    That's a pity, because I bought the domain onlinewill.co a couple of years ago, when the .co option became available.

    I thought ... One day it would take off

    I also have. Shopsinlondon.co
  • gb12345
    gb12345 Posts: 3,055 Forumite
    WLM21 wrote: »
    Do you really think so ?

    I thought ... One day it would take off

    The local Google sites give precedence to domains from that country or the proper TLDs (.com etc). Your sites will be deemed to be Columbian and therefore of far less relevance to a UK audience.

    Add to the fact that any net savy individual is going to see it as someone who is too dodgy not to get a proper domain for their business.
  • paddyrg
    paddyrg Posts: 13,543 Forumite
    I'm afraid I'd also value anything .co far lower than a .co.uk or .com, or even an .eu and maybe even slightly behind .info

    There's been a proliferation of tld's recently, hoping to catch prospective speculators who missed the coms and co.uk's. There was a similar rush for the pseudo-tld's .uk.com back in history.

    The best place to unload your .co domains is to see if the .com or .co.uk (or if no luck, try .co.za etc) owners want them, you can probably make your money back and maybe a few extra quid if the buyer isn't up on these things
  • iammumtoone
    iammumtoone Posts: 6,377 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper I've been Money Tipped!
    Keep it, especially if it is related to your profession and you own the .com.

    People remember website address but rarely take note if it is a .com or .co.uk when they get home they will try both versions and if you direct them to the one site you will not lose any custom.

    It is very common for businesses that own a .com to purchase the .co.uk version as well to protect their site.
  • paddyrg
    paddyrg Posts: 13,543 Forumite
    Keep it, especially if it is related to your profession and you own the .com.

    People remember website address but rarely take note if it is a .com or .co.uk when they get home they will try both versions and if you direct them to the one site you will not lose any custom.

    It is very common for businesses that own a .com to purchase the .co.uk version as well to protect their site.

    This is about a .co not a .com or .co.uk!
  • iammumtoone
    iammumtoone Posts: 6,377 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper I've been Money Tipped!
    paddyrg wrote: »
    This is about a .co not a .com or .co.uk!

    Oh very sorry my mistake I read it as he brought the .com and had a .co.uk to sell. I wouldn't keep hold of the .co of the name.
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